Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 2 - No. 3)
What does a direct debit payment usually involve?
A fixed amount of money paid on a fixed date
A variable amount of money paid at variable intervals
Sending money to the bank account of a named person or organisation on a specified date
All of the above.
Explanation
Direct debits can involve any of the above.
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